You are browsing the archives of merrill lynch.
NEW YORK (CNNMoney.com) — Merrill Lynch booked its fourth-straight quarterly loss Thursday, this time losing nearly $5 billion, as the nation’s largest brokerage was forced to once again take massive writedowns.
Merrill said it lost $4.9 billion overall. On a continuing operations basis, it lost $4.6 billion, or $4.95 a share, down from a profit of [...]
life in banking lifeinbanking.com Wachovia features. freddie mac fannie mae wachovia 2nd quarter countrywide Bank of America fannie mae issues mortgage meltdown freddie mac issues wachovia new ceo freddie mac government takeover freddie mac bailout stocks wachovia bob steel bank of america countrywide wachovia prudential wachovia prudential problems economy bonds fannie mae problems fannie mae freddie mac lasalle bank Tier 1 ratio europe banks fund-raising lasalle lasalle troubles bank of america construction portfolio construction portfolio bank of america delinquencies lasalle delinquencies fund-raising european banks mullen agency mullen wachovia dumps mullen ads wachovia corp dropped agency Mullen investors lose bid banking lose bid to stop settlement buyout countrywide loses bid countrywide investors
Loading ...